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14 June 2018

GUY BARNETT

Minister for Energy

Delivering on our Tasmania First Energy Plan

Energy is essential for our industries to grow and create more jobs to support Tasmanian families and communities.

The Hodgman Liberal Government is committed to delivering a secure and affordable energy supply for Tasmanians as part of our plan to Build Your Future.

The 2018-19 Budget includes an extra $10 million to extend the rebates for commercial and industrial businesses coming off contract for a further 12 months.

We will also progress work on the Tasmania First Energy Policy, which will deliver secure and reliable electricity supply and lower power prices.

This year’s Budget will also allow us to deliver our promised cap on regulated electricity price increases to CPI over the next three financial years, with the Bill already before the Parliament.

The Government will continue to provide $275,000 a year to implement the recommendations of the Energy Security Taskforce.

Our On-Farm Energy and Irrigation Audit Program will provide $750,000 over three years to help farmers identify saving strategies.

We have also established the Farm Energy Advocate services through Aurora Energy, to help business customers better manage their energy and usage costs.

This energy package is taking the necessary steps to ensure we achieve our goal of becoming renewable energy self-sufficient by 2022, and reducing the cost of living by having the lowest regulated prices in the country.